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S&P Global completes acquisition of With Intelligence
27 November 2025 US
Reporter: Tahlia Kraefft

Image: Ada/stock.adobe.com
S&P Global has announced the completion of its acquisition of With Intelligence, a source of private markets data, insights, and analytics, for US$1.8 billion, from a group led by majority investor Motive Partners, a private investment firm focused exclusively on financial and tech-enabled business services companies

First announced in October, the deal expands S&P Global's capabilities across private markets by combining With Intelligence's proprietary data and workflow solutions with the acquirer’s expertise.

Martina Cheung, president and CEO of S&P Global, comments: “With Intelligence's deep expertise in alternative investments complements our existing capabilities, enabling S&P Global to help our customers make valuable decisions at every stage of the investment lifecycle.

“The completion of this acquisition represents a significant step forward in our strategy to provide essential intelligence for our customers as they navigate complexity in the rapidly expanding private markets landscape.”
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